AAVE Tests Long-Term Trendline as Traders Watch for a Bounce
AAVE is trading near a long-term ascending trendline after sliding from the recent local top near $399.
The 1-second chart shared by analyst Borg shows the token touching the rising support level around $178, where price has reacted multiple times over the past months.
AAVE Price Bounce Setup. Source : BorgThe trendline began forming after the $47 low and has guided each major recovery phase.
As price approached it again, selling pressure slowed, and AAVE stabilized near the support.
The latest candle shows buyers attempting to defend the level, which has acted as a key structure throughout the chart.
At the same time, the asset’s volatility widened as the pullback accelerated from the $311 and $223 zones. Each leg lower returned to the same diagonal support, reinforcing its importance.
The most recent touch came after a sharp downward wick, indicating that liquidity concentrated around the line before price returned above it.
Borg said he is “playing the bounce,” pointing to the technical reaction on the trendline.
The setup mirrors earlier moves where AAVE briefly dipped into the support band and recovered in the following sessions.
While the chart does not confirm the next direction, the interaction with the long-term trendline marks a notable point for short-term positioning.
Editor at Kriptoworld
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: November 19, 2025 • 🕓 Last updated: November 19, 2025
